04 January 2010
Pls let me know that in which section TDS has been deducted from Director Remuneration. suppose director remuneration is 50000/- pm how much tax shold i deduct from it
04 January 2010
u/s 192, calculate the annual income of th employee and then derive the tax liability. divide the tax liability by 12(no. of months).this will be the per month tds to be deducted.
CAclubindia
